iMD Companies and Its Subsidiary Riize Health Announce New Product Lines: Riize Hair & Riize Weight Maintenance
Rhea-AI Summary
iMD Companies, Inc. (OTC: ICBU) and its subsidiary Riize Health have announced two new product lines: Riize Hair and Riize Weight Maintenance. Riize Hair is an advanced hair loss solution for men, combining minoxidil, finasteride, and biotin in topical and oral dissolving strip forms. It targets the $7+ billion male hair loss market with a projected CAGR of 6+%. Riize Weight Maintenance is an oral dissolving semaglutide strip for weight loss, developed as an alternative to injectable forms.
Riize Health aims to capture market attention through innovation and execution in the personal healthcare sector. The company offers a 50% discount on first month's orders using the promo code ICBU50. iMD Companies anticipates significant revenue growth from these new product innovations.
Positive
- Introduction of two new product lines: Riize Hair and Riize Weight Maintenance
- Targeting the $7+ billion male hair loss market with a projected 6+% CAGR
- Innovative oral dissolving strip delivery system for both products
- Anticipation of major revenue growth from new product innovations
Negative
- None.
News Market Reaction – ICBU
In the trading session that priced this news, ICBU gained 3.45%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
RANCHO CORDOVA, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) -- iMD Companies, Inc. (OTC: ICBU) subsidiary Riize, LLC (Riize Health) -- announces two new innovative products for the personal healthcare market.
Riize Health will begin marketing Riize Hair, an advanced hair loss solution for men. With a proprietary formula, combining minoxidil, finasteride and biotin, the product will come in both topical solution and oral dissolving strip forms. Riize Hair will bring both a new product and treatment approach to the
In addition to Riize Hair, Riize Health will also launch Riize Weight Maintenance, an oral dissolving semaglutide strip. Riize Weight Maintenance strips were developed in anticipation of injectable forms of semaglutide no longer being allowed for sale generically, per FDA regulations. Riize Weight Maintenance strips will fill the market needs for semaglutide weight loss for patients with an aversion to injections. Riize Weight Maintenance strips will provide a micro-dosing level of semaglutide, sufficient to support weight loss already achieved.
Having established a successful record of growth with personal health care products for both weight loss and sexual wellness, Riize Health is continuing to bring product innovation forward with proven expertise in oral dissolving thin film delivery systems.
"We feel these two new products will give us the opportunity to capture the attention of their respective markets through innovation and execution," states Reilly Schueler, CEO of Riize Health. "It's an exciting time to be a growing part of IMD Companies in expanding the Riize Health brand."
Rick Wilson, President and CEO of IMD Companies, Inc., states that “these new products give iMD Companies and Riize new verticals and we are anticipating a major further revenue growth from these product innovations.”
As a welcoming statement, we’re inviting new clients and shareholders to go to our website at https://www.riizehealth.com/, use Promo Code ICBU50, and save
Follow Riize Social Media
Website @ https://www.riizehealth.com
Canada @ ca.riizehealth.com
Facebook @ https://www.facebook.com/riizehealth
Instagram @ https://www.instagram.com/riizehealth/
Tiktok @ https://www.tiktok.com/@riize_up_llc
Blogs @ https://riizehealth.com/pages/recent-blog-post
About Riize, LLC
Riize is revolutionizing the healthcare industry as a leading telemedicine/pharmacy services provider. Our specialized focus on men’s and women’s sexual health and weight loss sets us apart from the competition due to our revolutionary delivery system. We are proud to offer a convenient and innovative online healthcare service that connects individuals with licensed healthcare providers. At Riize, we understand the importance of personalized care. That’s why we provide a platform where patients can easily consult with healthcare professionals remotely. Through video or phone calls, individuals can discuss their symptoms, receive accurate diagnoses, and obtain personalized treatment plans that address their specific needs. We believe in breaking down barriers to healthcare access. With Riize, patients no longer have to endure long wait times or travel to a physical clinic. Our user-friendly platform ensures that quality healthcare is just a few clicks away. Join us in shaping the future of healthcare. Experience the convenience and expertise that Riize offers. Your health and well-being are our priorities.
Follow iMD Companies, Inc. Social Media
Twitter @ https://twitter.com/imd_inc
Instagram @ https://www.instagram.com/imdcompaniesinc/
About iMD Companies, Inc.
iMD Companies, Inc. (OTC: ICBU) is a Florida Corporation. The company has been re-positioned to be a holding company for acquisitions and technology development in the healthcare markets. iMD's goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace.
Safe Harbor Statement
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.
Contact:
iMD Companies, Inc.
info@imdcompaniesinc.com
